Binstein Richard sold USPH

May 16, 2024 · Form 4 insider transaction

Binstein Richard sold 2,111 shares of U.S. Physical Therapy, Inc. at $106.34 per share, a transaction worth $224.5K. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Disposed (sell-side)
Shares
2,111
Price
$106.34
Total value
$224.5K
RoleOfficer
SecurityCommon Stock
Transaction codeD: Disposition to the issuer
Transaction dateMay 16, 2024
Filing dateMay 17, 2024
Shares owned after12,895
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

The price reported ($106.34) is the weighted average price. The shares were sold in multiple transactions at prices ranging from $106.03 to $106.78 per share, both inclusive. The reporting person undertakes to provide to U.S. Physical Therapy, Inc., any of its shareholders or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.; Includes 12,895 shares which were granted as restricted stock pursuant to the Company's Amended and Restated 2003 Stock Incentive Plan. Restrictions lapse as to 1,239 shares on each of July 1, 2024 and October 1, 2024; 1,241 shares on January 1, 2025; 1,045 shares on each April 1, 2025, July 1, 2025, and on October 1, 2025; 1,049 shares on January 1, 2026; 740 shares on each of April 1, 2026, July 1, 2026, October 1, 2026; 747 shares on January 1, 2027; and 506 shares on each of April 1, 2027, July 1, 2027, October 1, 2027; and 507 shares on January 1, 2028, if he is an employee of the Company on those dates.

View the original Form 4 on SEC EDGAR